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Bulverde 78163 Bulverde Estates
2259 HILINE DR
$370,000
● House - Off Market

2259 HILINE DR

Bulverde, TX 78163
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,377 Ft²
$631,272
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

SELLER HAS APPRAISAL. PRICED  BELOW APPRAISED VALUE !3475 SF PER APPRAISAL. GORGEOUS MEDITERRANEAN STYLE  HOME, PERCHED ON HILL WITH PANORAMIC VIEW OF  HILLCOUNTRY!HIGH CEILINGS, BARREL, STEPPED & COFFIURED WITH GORGEOUS FOYER WITH MARBLE FLOORS! HOME FLOWS WITH OPENNESS FROM KTICHEN TO FAMILY ROOM TO LIVING AREA! BEDROOM DOWN WITH FULL BATH! HUGE FAMILY KITCHEN WITH ISLAND AND BUFFET!LOOK OUT FROM THE KITCHEN AND BREAKFAST AREA & VIEW THE GORGEOUS ZARS POOL & HILLSIDE.!
Unit Size
3,377 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$111
Property Type
House
Property Taxes
$534
HOA Dues
$3
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (LERA #535452)

Price History

Date / Event Date Event Price
May 15, 2006 Sold
Premium
Sold
Apr 25, 2005 Listed by Keller Williams Hill Country $375,000
Listed by Keller Williams Hill Country

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 646
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 95,614
  • Total Building Area: 4,038
  • Gross Building Area: 4,178
  • Building Area: 3,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BULVERDE ESTATES 2
  • Land Acres: 0000002195
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BULVERDE ESTATES 2, LOT 269

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: ES5 FLC SCIS
  • Census Tract: 310705

Geography

  • Assessors Map Reference: 91-E2
  • Parcel: 5895
  • Lot: 269
  • Municipality: BULVERDE
  • Latitude: 29.7819
  • Longitude: -98.4542

    Address

  • Full Address: 2259 Hiline Dr
  • Address - House Number: 2259
  • Address - Street Name: Hiline
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bulverde
  • Carrier Code: H053
  • 4-Digit Zip Code: 1803
  • Zip Code: 78163

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040,706
  • Tax Rate Code Area: ES5

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 725,656
  • High Value: 865,908
  • Low Value: 585,404

    Market Valuation

  • Market Total Value: $747,170
  • Market Land Value: $225,830
  • Market Improvement Value: $521,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $602,051

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2006
  • Current Sale Recording Date: Jun 06, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 200606022936
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bulverde Estates

Stats & Trends

Median Asking:

$574,999

Sale Price/ft²

$246

Below Asking

0.04%

Average Days on Market

58

Average Home Size

3512 ft²

Average Home Age

27.8 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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LERA

Listed by: Mary Rios, Keller Williams Hill Country
Last Updated: 5 months ago
Data Source: LERA, MLS# 535452
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 2259 Hiline Drive built and last sold?
The property at 2259 Hiline Drive was built in 2006 and last sold on May 15, 2006 for $370,000.
How much is this home worth?
The estimated value of the home located at 2259 Hiline Drive is $378,750.
What are some comparable homes to 2259 Hiline Drive?
There are currently no comparable homes to 2259 Hiline Drive.
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